Hi,I have 200k saved for an investment property, and my wife makes 450k a year in business income from her s corp small business.What are some of the best options for my situation?

@Andrew Syrios, I also like Texas in this situation.  

I started a new post asking people's thoughts about insurance costs in your local area and specifically costs to rebuild and other challenges:https://www.biggerpockets.com/forums/95/topics/1227051-insur...

When I call the most seasoned person Allan Howell he gives me great info but doesnt know the specifics. yet you call others and they know it like the back of their hand.I have learned a lot from this process and am grateful for so many members commenting on my posts and helping me learn more about being an investor.

I have a son in a similar situation, he went 6 months trying to get decent work and had other issues.

Just depends upon the situation I guess! 

The investment in the plane ticket and hotel can pay off huge when you are able to find and focus in on a specific area. 

There are a lot of site-specific issues you need to investigate before deciding what the land is worth to you.

Are there any specific clauses I should include in a room-by-room lease for a shared living space?

With the massive increase in STR properties in the US, I am hopeful that lenders and appraisers will evolve to apply income/exp metrics to STR deals specifically, on top of generic property comps.